- USD/CNY is currently trading around 6.7752 marks.
- It made intraday high at 6.7778 and low at 6.7673 levels.
- Intraday bias remains bullish till the time pair holds key support at 6.7288 marks.
- On the top side, a sustained close above 6.7805 marks will test key resistances at 6.8025 and 6.8158 marks respectively.
- Alternatively, a daily close below 6.7439 will drag the parity down towards key supports at 6.7288, 6.7180, 6.7055, 6.6820, 6.6605, 6.6560, 6.6425, 6.6281, 6.6110, 6.6042, 6.5930, 6.5710, 6.5510 (20D EMA), 6.5369, 6.5758, 6.4910, 6.4721 and 6.4531 levels.
- PBOC sets Yuan mid-point at 6.7736/ dollar vs last close 6.7706.
- Important to note here that 20D, 30D and 55D EMA heads up and confirms the bullish trend in a daily chart.
We prefer to take long position in USD/CNY around 6.7710, stop loss at 6.7439 and target of 6.7936/6.8025/6.8158.


Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
EUR/JPY Breaks Out: Euro Surges Past 185.00 Resistance Amid Strong Bullish Momentum
GBPJPY Surges to 211.88: Sterling Bulls Target 215 Amid Broad-Based Buying
Bitcoin Breaks the $70,000 Barrier: Bulls Target the $80,000 Horizon as Geopolitical Relief Ignites Crypto Markets
FxWirePro: GBP/USD stuck in range but maintains bearish bias
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro- Major European Indices
FxWirePro: GBP/AUD downtrend extends, eyes 1.8900 evel
Aussie Bulls Charge: AUD/JPY Rallies as Geopolitical Clouds Part
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro: USD/JPY edges up as yen dips after soft household spending data
NZD/JPY Rockets as Kiwi Dollar Resilience Defies the Oil Shock
Ethereum Braces for Volatility: Technicals Turn Bearish as Geopolitical Tensions Loom
FxWirePro: GBP/NZD reverses course, bias back to downside
FxWirePro: AUD/USD spikes as Trump announces two-week Iran ceasefire 



